Suburb Profile Report for Alkimos WA (6038)

Alkimos House: Median price $399,500, Annual capital growth 12.11%, Number of sales 104, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Expert Report

Alkimos, 6038 ranked 410th in WA when comparing growth in median property values or capital gain over the last 12 months. Alkimos is one of 1662 in our list for WA

While Alkimos,6038 ranked number 376th in WA for increase in median house value (annualised) increase, it is ranked 4th over the last 5 years.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.25% offered to property buyers. Sellers in Alkimos itself are offering an average vendor discount of -7.59% to real estate investors.

Often selling an investment property can take time, and in Alkimos the average time real estate has been on the market is 136.08 days.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 12.11%, investors should hope to achieve an overall return of 4.95%

YIP MAG Information supplied by:

YIP MAG
June 2016

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While recent times have been tough for large parts of the Perth market and WA in general, a beachside suburb around 40km north of the Perth CBD has seen no such troubles.Full summary While recent times have been tough for large parts of the Perth market and WA in general, a beachside suburb around 40km north of the Perth CBD has seen no such troubles.

The median house price in Alkimos, a suburb named after a Greek freighter shipwrecked off its coast in the 1960s, sits at a respectable $488,500.

Even more respectable is the recent capital growth seen in the area: the median house price has surged by a remarkable 109% in the past five years.

That impressive run may have come to an end though, with only 2% growth recorded in the past year and houses spending close to 100 days on the market.

The strong growth seen in Alkimos has pulled back the suburb’s rental returns, with yields currently sitting at 4%.Close
Metrics i HOUSE UNIT
$399,500 N/A
-4.97% N/A
-18.22% N/A
12.11% N/A
$380 N/A
104 N/A
4.95% N/A
136.08 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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